Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $282,000
Cash invested: $40,880
2 duplexes on one lot/legal. $3000+ in monthly rents.
Hi all,I just had, what I think is a pleasant surprise, on a recent purchase in Park Circle area of North Charleston. Looking for feedback and help with an address question!The property was listed on MLS as one addres...
Hi,We all know homes at auctions many times have more than one mortgage. Can someone explain to me how does an owner get two mortgages on the same house?I can imagine the HELOC. But Is there any other way how the owne...
I Have a 1031 exchange , located a property,, 17 units on one lot 1.77 acres,, cost 260k total rents per month 4k ,,,, seems like a no brainer , I will pay off with 1031 money , so taxes and insurance , maintenances....
Is it ok to write one contract for two properties owned by the same person? I am buying a house but there is a small section of the lot that is separately deeded. Can I just buy them both at once?
Apparently I've done this (inadvertently). ~2 years ago I refinanced on my primary residence, and got a HELOC with TCF bank at that time (no balance on this account). Since then my primary has appreciated more, PenF...
Good Morning BP! I’ve been stuck in the same place for a long time, and I could really use your advice.I live in Duluth, MN. I am a full-time single father who dreams about invest in real estate. My long term goal is ...
Hey there! I'm Ashley, and I live in the DFW area. I've been diving into the world of real estate, especially the BP podcasts. I'm really excited about the potential of investing in residential multifamily properties ...
I am asking if anyone can go through this BRRR financial calculation I completed (from BP tools) and explain if I'm on the right track or not....I feel like somehow the calcs aren't right with the total $$ needed down...
Hello again BP family,Ive got a hot one here, My younger brother has operated a construction style business for several years now...under the table. After my repeated nagging, and teaching him what opportunity costs a...